Question: HELLO, I'M STUDYING FOR MY EXAM AND PLEASE EXPLAIN STEP BY STEP IN ORDER TO UNDERSTAND IT. THANK YOU 1, Suppose that a monopolist faces

HELLO, I'M STUDYING FOR MY EXAM AND PLEASE EXPLAIN STEP BY STEP IN ORDER TO UNDERSTAND IT. THANK YOU

1, Suppose that a monopolist faces linear demand given by

Q(p)=100-3*p

The monopolist also pays a marginal cost of $1 for each unit produced.

What is the optimal quantity that the monopolist will charge to maximize its profits?

2, If the Intra Industry Trade Index equals 0 or a given Country...

A. Value of Imports = Value of Exports, in some industry

B. Value of Imports > Value of Exports, in each industry

C. If a country imports in an industry, it doesn't export in that industry

D. If a country exports in an industry, it doesn't import in that industry

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Randas Commercial Bakery produces cupcakes to be sold in supermarkets in Egypt. The production line is available 12 hrs/day and is currently producing in large lots. The manager wants to reduce the...

Q:

PLEASE HELPE ME TO UNDERSTAND STEP BY STEP IF YOU CAN. THANK YOU Suppose that a monopolist faces linear demand given by Q(p)=200-2*p The monopolist also pays a marginal cost of $1 for each unit...

Q:

(30 points) Suppose a monopolist faces the following demand curve: P = 850 - Q. If the long run marginal cost of production is constant and equal to $50. a) (5 points) What is the monopolist's profit...

Q:

acc On January 1st. 2017, X Company bought 80% of the outstanding common shares of the Y Company for $140,000 cash. On that date Y Company had $50,000 of common shares outstanding and $60,000...

Q:

Can you please help me solve these 10 Econ questions? I also attached the chapter just in case. Thanks so much!! :) MARKETS AND HOW THEY WORK 177 9.0 CHAPTER 9 LEARNING GOALS After reading this...

Q:

Using the case study "ABC Company"provided and the articles "Bias Has No Place at Work" Please answer the questions. Thanks! ABC Corporation is an electronic device company selling cellular phones...

Q:

please provide the answer in your own words. thank u so much... In the discussion forum, you are expected to participate often and engage in deep levels of discourse. Please post your initial...

Q:

Planning Demand and Supply in a Supply Chain Capacity Planning and Assignment 1 utdallas.edu/~metin Outline Capacity Planning Product-to-plant Assignment utdallas.edu/~metin 2 Deterministic Capacity...

Q:

Hello, can you help me solve these questions please? Thank you, A single-Price monopolist faces a linear demand curve and no marginal costs. It maximises profits where... a)MR=Mc b)All of the other...

Q:

1 Exercise 3: Lift and Airfoils The first part of this week's assignment is to choose and research a reciprocating engine powered (i.e. propeller type) aircraft. You will further use your selected...

Q:

HBR Staff/Arata Photography/Getty Images "Cheetos! Please Cheetos!" Riku Nakamura's daughter, Akari, lunged towards the grocery retailer shelf. His spouse, Aoi, sighed. "Remind me: Why are we walking...

Q:

We say that a subset C of a metric space X is closed if its complement XIC is open. Show that if xo EX and r 20, then D-(x) = {x EX | d(x, xo) r}CX is a closed set. We call this the closed ball of...

Q:

A manufacturing firm is deciding whether to invest in a new printer that needs an initial investment of $140,000. This will increase cash flow in the first year by $80,000 and by $75,000 in the...

Q:

limit as x goes to infinity of ( 1 + ( 4 / x ) ) ^ 3 x

Q:

A point charge q of mass m is released from rest at a distance d from an infinite grounded conducting plane. How long will it take for the charge to hit the plane?

Q:

Yaqui Company provides computer network consulting services. The company initially debits assets in recording prepaid expenses and credits liabilities in recording unearned revenues. Give the...

Q:

Jasti Manufacturing Company produced 1,000 units of inventory in January 2011. It expects to produce an additional 8,400 units during the remaining 11 months of the year. In other words, total...

Q:

Nichols Corporations value of operations is equal to $500 million after a recapitalization (the firm had no debt before the recap). It raised $200 million in new debt and used this to buy back stock....

Q:

Shaynas Smart Shawls, Inc., is a small business that Shayna developed while in college. She began hand-knitting shawls for her dorm friends to wear while studying. As demand grew, she hired some...

Q:

1.1 Discuss the advantages of effective corporate governance and analyse the effect of Corporate Social Responsibility in contemporary business strategies and activities. (20)

Q:

Do not pay him, wait until I come

Q:

Do not get married, wait until I come, etc.

Q:

Do not come to the conclusion too quickly